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Chinese Company Said Linked To Bo Xilai Denies Bankruptcy Report

Shide Group, led by a Chinese entrepreneur said to have close ties to the powerful, recently fallen politician Bo Xilai, issued a statement yesterday denying a report that the company is facing bankruptcy.   Shide, whose main business interests include financial services, building materials and a soccer team, is reportedly facing large debts.  Xu is reported to [...]
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See more about: Bo Xilai

Disgraced Chinese politician mounts feisty defense

News : The Newsroom (last year)

JINAN, China (AP) — Disgraced Chinese politician Bo Xilai denied taking $3.5 million in bribes from businessmen and cross-examined one of them with a lawyer's precision Thursday, launching an unexpectedly spirited defense at a trial... Read Post

Bo admits lapses led to top cop's US defection bid

News : The Newsroom (last year)

JINAN, China (AP) — Ousted Chinese politician Bo Xilai told a court Saturday that he made mistakes that prompted his top aide's embarrassing U.S. defection bid, but denied criminal responsibility for the incident that triggered the ... Read Post

Chinese Tycoon With Reported Ties to Fallen Politician Said Facing Probe

Business & Finance : China Wealth (2 years ago)

Xu Ming, a Chinese tycoon said to have close ties to recently fallen politician Bo Xilai, may be under investigation or arrest for wrongdoing, according to media reports.  Xu is chairman of the Dalian Shide Group, whose main busines... Read Post


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